MarkNtel Advisors recently published a detailed industry analysis of the Fish Meal Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Fish Meal Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2029
The Fish Meal Market size is valued at around USD 205 billion in 2022 and is estimated to grow at a CAGR of about 6.5% during the forecast period, i.e., 2024-29.
What are the Major Driver of the Fish Meal industry?
Rising Adoption of Fish Meal Due to its Nutritional Contents to Thrive the Market Growth – The Global Fish Meal Market has been experiencing considerable adoption as fish meal contains high quality & quantities of nutrition such as proteins, minerals, fatty acids, etc. It is a valuable source of protein derived from fish processing and also acts as a typical constituent in aquaculture, agriculture, and majorly in animal feed. The usage of this meal, soil fertility & crop yields can be improved due to its phosphorous & high nitrogen content, thus contributing to the overall market growth.
Moreover, to meet the increasing demand for seafood products for the rising population in the world, the aquaculture industry needs fish meals as a good solution as they contain numerous nutrients. In addition, the environmentally friendly trait of fish meals further aids the consumer’s preferences for sustainable & organic solutions for agriculture strategies. Thus, such aspects of the fish meals to drive the overall market during the forecast period.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2029, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Our Latest Reports Now Include In-Depth Supply Chain Ecosystem Analysis, Enabling Businesses to Navigate Tariff Challenges with Greater Agility Get Sample Report: https://www.marknteladvisors.com/query/request-sample/fish-meal-market.html
What segments define the Fish Meal market from 2024 to 2029? How do these segments contribute to market dynamics and growth?
· By Nature
o Organic- Market Size & Forecast 2018-2028F, USD Million
o Conventional- Market Size & Forecast 2018-2028F, USD Million
· By Source
o Salmon & Trout- Market Size & Forecast 2018-2028F, USD Million
o Marine Fish- Market Size & Forecast 2018-2028F, USD Million
o Crustaceans- Market Size & Forecast 2018-2028F, USD Million
o Tilapia- Market Size & Forecast 2018-2028F, USD Million
o Others (Catfish, Tuna, Cyprinids, etc.)- Market Size & Forecast 2018-2028F, USD Million
According to report, Crustaceans hold the largest share of the Global Fish Meal Market due to their ample availability & high nutritional value.
· By Application
o Animal Feed- Market Size & Forecast 2018-2028F, USD Million
o Aqua Feed- Market Size & Forecast 2018-2028F, USD Million
o Poultry- Market Size & Forecast 2018-2028F, USD Million
o Pharmaceuticals- Market Size & Forecast 2018-2028F, USD Million
o Others (Dietary Supplements, Fertilizers, etc.)- Market Size & Forecast 2018-2028F, USD Million
· By End User
o Aquaculture- Market Size & Forecast 2018-2028F, USD Million
§ Salmon & Trout- Market Size & Forecast 2018-2028F, USD Million
§ Marine Fish- Market Size & Forecast 2018-2028F, USD Million
§ Others (Crustaceans, Cyprinids, etc.)- Market Size & Forecast 2018-2028F, USD Million
o Poultry- Market Size & Forecast 2018-2028F, USD Million
o Swine- Market Size & Forecast 2018-2028F, USD Million
o Others (Exotic meats, small ruminants, etc.)- Market Size & Forecast 2018-2028F, USD Million
According to report, With possession of potential share, Aquaculture is a rapidly growing industry worldwide that is anticipated to dominate the Fish Meal Market due to the high adoption of this product.
Explore the Complete Fish Meal Market Analysis Report – https://www.marknteladvisors.com/research-library/fish-meal-market.html
Geographical Analysis: Fish Meal Market
o North America
o South America
o Europe
o Middle East & Africa
o Asia-Pacific
Fish Meal Market Share & Competitive Landscape:
The Fish Meal Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Fish Meal Market are:
- Omega Protein Corporation
- Pesquera Diamente S.A.
- Calysta Inc.
- Pesquera Hayduk SA
- Oceana Group Limited S.A.
- Sardina D.O.O
- TripleNine Group A/S
- Empresas Copec S.A.
- Animal Feeds International Corporation
- FF Skagen A/S
- Orizon SA
- Sarma Fish S.A.R.L.
- Pioneer Fishing Pt Ltd.
- Aker BioMarine Antarctic AS
- The Scouler Company
Fish Meal Industry Recent Development:
- March 2022: Pelagia acquired all the shares of Norsk Fiskeindustri Invest AS (NFI). NFI, in turn, held a 51.05% ownership stake in Karmsund Protein AS, a company engaged in the production of fish meal & fish oil.
- March 2022: Scoular, a leading global trader in fishmeal and fish oil with a wide range of offerings, recently inaugurated a new fishmeal plant in Myanmar. This facility serves as a central hub for delivering top-notch, uniform products to Asian feed markets with a strong emphasis on just-in-time shipments.
Questions Addressed in this Study
1. What factors are driving the Fish Meal Market growth?
2. How is the Fish Meal Market expected to grow over the next five years?
3. What are the key insights into the current trends in the Fish Meal Market?
4. What is the current size of the Fish Meal Market, and how is it projected to change in the future?
6.What is the future outlook for the Fish Meal Market in terms of technological advancements and market expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/fish-meal-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
More Research Studies Report:
-Biocomposites Market size was valued at around USD 36.9 billion in 2024 and is projected to reach USD 89 billion by 2030 with a CAGR of around 16%.
-Green Solvents Market size was valued at around USD 1.34 billion in 2024 & is projected to reach USD 1.87 billion by 2030 with a CAGR of around 5.7%.
For Media Inquiries, Please Contact:
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
